RangeMaster FX Consumer Information – Analytics & Forecasts – 10 November 2024

Technique Overview and Parameter Settings

Chinese language model person information is offered on the finish（最后有中文说明版本）

Product Hyperlink：  https://www.mql5.com/en/market/product/125733

You need to use any timeframe. This technique operates on the precept of “small fluctuations, massive lot sizes.” To accommodate shoppers with low leverage, the default setting is decrease lot sizes, maintaining the danger comparatively low. It is suggested to set the Compound Multiplier between 20 and 200. Even with the default setting of 20, the technique has achieved 30x returns between 2020 and 2024. The long-term compounding impact of high-frequency methods is kind of spectacular.

Nonetheless, you will need to word that excessively massive lot sizes might trigger slippage, and the severity of this subject varies throughout completely different platforms. To mitigate this, we make use of a batch entry technique. If the backtest interval is simply too brief, you possibly can improve the Compound Multiplier to boost backtesting outcomes. If no orders are generated, lowering this worth might assist.

As soon as loaded, the primary window will show the account leverage. For leverage under 1:30, the Compound Multiplier needs to be set to lower than 20. For leverage under 1:100, it needs to be lower than 80. Decrease leverage will improve margin utilization, which might lead to inadequate accessible funds, stopping the system from inserting orders.

Because of the uniqueness of this technique, some customary platform account varieties might carry out poorly. Solely ECN accounts or platforms with low spreads and excessive liquidity can generate income. Typically talking, accounts that may revenue utilizing the “Each tick primarily based on actual ticks” mode are more likely to obtain related ends in dwell buying and selling, with efficiency being very shut.

There are a lot of such platforms accessible. For reference, we offer a sign monitoring account you could log into for viewing and backtesting:

• Login: 7280630
• Investor: f$XvTE4HiM4$ND
• Server: ICMarketsSC-MT5-2

In case you already know easy methods to log in to the monitoring account or don’t want our monitoring account for backtesting, you possibly can skip this step. (Step pictures are on the finish)

Parameter Rationalization:
Non-numerical parameters normally enable double-clicking the parameter worth to open a drop-down choice.

• word: Meaningless parameter, can be utilized for annotations, and so on.
• Auto GMT: Vital parameter, default is enabled. The EA is time-sensitive, and if the GMT is wrong, the impact will probably be very poor. Nonetheless, because of our efforts in growth, the automated GMT recognition is extremely correct, so maintaining it TRUE is usually advantageous.
• GMT: This takes impact when Auto GMT is ready to FALSE. The EA will output the GMT data within the EA log as soon as when loaded and at the beginning of every day.
• Daylight Saving Time: Daylight Saving Time swap, solely takes impact when Auto GMT is disabled.
• Present order entry and exit factors: When enabled, the EA will mark purchase and promote positions with a thumbs-up icon. The tip of the thumb represents the entry level. Upward signifies a purchase, and downward signifies a promote. If there’s a discrepancy with the precise order level, it signifies slippage. Slippage happens when the platform’s liquidity is inadequate, and long-term slippage might require lowering the order dimension. Moreover, the platform’s unfold might widen through the EA’s buying and selling hours, which can be a liquidity subject.
• Open Slippage: Slippage restrict for purchase orders, ineffective on some platforms.
• Shut Slippage: Slippage restrict for promote orders, ineffective on some platforms.
• Open place unfold restrict: Unfold restrict for opening positions.
• Shut place unfold restrict: Unfold restrict for closing positions.
• FridayMethod: Friday order technique, with three choices: halve the standard order dimension, proceed as standard, or pause orders. Double-click the choice to open the drop-down menu.